Robert Fritsche
Servicing Debt on multiple properties
Is there a method to servicing the debt that is accumulated through the financing of the properties? If you have 5 properties and 3 go vacant and the 2 that have the income do not cover all 5 what are the best safety ...
Tanner Loyd
1st time buyer tax credit (wrap)
I have 24 hours to present my offer to a seller. I want to purchase the property using a lease option. It is my understand that a contract purchase DOES qualify for the tax credit. The deal in some ways hinges on the ...
Colin Alsheimer
New member from Boston, MA!
Hey everyone! Recently discovered the BP community and have quickly immersed myself. Loving all the great info that's here!I'm originally from MA, but have spent the last decade+ in upstate NY (school) and Dallas, TX....
Douglas Costello
Here to network and learn
Hey there, I am not totally new to real estate, I already own an investment property locally (3 family) that is cash flowing but I am looking to do more.About me: I am a non-real estate business owner located in sout...
Nicolas Beaujean
First Boston investment, over my head- NEED HELP
Investment Info:
Small multi-family (2-4 units) note investment investment in Boston.
Purchase price: $50,000
Cash invested: $61,200
In way over my head on a 4 unit ground up development in boston
...
Shannon Fong
Should I be leary of buying house with Tenant's already in place?
I live in the MVA area. I came across a property in Baltimore County for 24K. It has one tenant for 5 years and a new tenant. House is renting at around 1125.Why would you any want to sell? Is this a red flag? Hi...
James Baker
BRRRR Refinance vs. HELOC
Hello BP nation. Question for those with experience and or knowledge in the process of BRRRR. This might be a crazy question but is there a reason why people do not use a HELOC vs. a refinance during the BRRRR proce...
Richard Nelson
Memphis Condo Investing
Wondering what's your opinion about Condos in Memphis? I have been Investing in SFR but I keep seeing these interesting Condo deals. Like 30K for a property bringing $700 rent w/ tenant, in 38115 and 38118. I know the...
Steven N.
Advanced Seller money. Deal fell apart. He won't give it back.
Advanced Seller $3,000 pre-inspection to help w moving costs (will never happen again). Inspection came back much worse than expected. Seller and I could not agree on a new selling price. He is refusing to give back t...
Jill Smith
Buying your first wholesale property, how to not get burned?
I have only purchased properties via MLS in the past. I am considering buying my first wholesale investment property purchase. What kind of information about the wholesaler or property do I need to check to ensure I d...